C&R FFL - Considering non-renewal

[chestnut ridge]

What happens if you allow your C&R to lapse? Are the firearms
purchased with a C&R subject to any record keeping requirements
upon sale? What about the bound books?

 

[Hkmp5sd]

Nothing happens. You keep the guns and the records. You revert back to being a normal non-licensee for all future transactions.

 

[gggman]

Why not just renew it ? For me it is worth it just for the discount from Midway and Brownells.

 

[DMK]

Nothing happens. You keep the guns and the records. You revert back to being a normal non-licensee for all future transactions.

Actually, you're not even required to keep the bound book after your license expires.